Chop and change at top of ABP Food

ABP , which began exporting Irish beef to the US in 1998, has recently started promoting its product in ChinaAidan Crawley/Bloomberg via Getty Images

The chief executive of Irish meat company ABP Food Group, Paul Finnerty, is to retire in September and will be replaced by chief operating officer Frank Stephenson.

Originally from Kerry, Stephenson, 45, joined Larry Goodman’s ABP Food last year from Glanbia where he held a number of senior management roles in Ireland, the UK and America.

His most recent role prior to joining ABP was chief operating officer of Glanbia Performance Nutrition, a business with revenues of $1bn (€890m) based in Chicago.

In a statement, Goodman said that Stephenson’s experience in international agribusiness would be important for ABP’s future plans, and he referred to his experience in America over the past number of years.

ABP has no operations in the US but began exporting relatively…

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